Super Six stocks you can bet on Oct 3

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Super Six stocks you can bet on Oct 3

On CNBC-TV18's in Super Six show, market gurus Hemen Kapadia, CEO of chartpundit.com, Shrikant Chouhan, VP Technical Research of Kotak Securities and Sanjeev Agarwal, CEO of Dynamix Research & Capital Management, place their bets on two stocks each, thus offering investors a variety of options to choose from.

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Excerpts from Bazaar on CNBC-TV18 Watch the full show » ALSO READ See what other Experts & Brokerages are saying about Bank of Baroda See messages about Bank of Baroda

On CNBC-TV18's in Super Six show, market gurus Hemen Kapadia, CEO of chartpundit.com, Shrikant Chouhan, VP Technical Research of Kotak Securities and Sanjeev Agarwal, CEO of Dynamix Research & Capital Management, place their bets on two stocks each, thus offering investors a variety of options to choose from. Investors can read into the detailed analysis before agreeing to any or all the bets.

Hemen Kapadia, CEO of chartpundit.com

Sell Bank of Baroda . It has almost given a downward bar reversal on the daily chart. It has closed below the 55 day exponential moving average. One can sell it around the closing at Rs 764 with a stoploss of Rs 769 and target of Rs 754.

Sell BF Utilities . One can sell it at Rs 459 with a stoploss at Rs 463 and target of Rs 451. It's a shorter term call valid from intraday point of view.

Shrikant Chouhan, VP Technical Research of Kotak Securities

One can trade or invest in Eicher Motor with a medium to long term perspective. Currently the stock is at Rs 1600 but one can invest or trade long between Rs 1580-1600 with a stop loss at Rs 1550 and target of Rs 1670-1750 on the higher side.

Ajanta Pharma was into strong bullish momentum but after spending 2 months in the range of Rs 300-340, the stock had started forming bearish consolidation at the top of the rally. So the strategy should be to trade short at CMP, more at higher levels around Rs 310-315 with stop loss at 340 and on the lower side we can expect minimum Rs 280 and max Rs 255.

Sanjeev Agarwal, CEO of Dynamix Research & Capital Management

We can sell IDFC at CMP of Rs 110-111 with a stoploss above Rs 115 for a target of Rs 103. The structure is weak and we may see below Rs 100 also.

We can sell Wipro at CMP of around Rs 340 with a stoploss above Rs 351 for a target of Rs 325-330.